$14,250,000
For Sale

81 Pier Avenue

Hermosa Beach, CA 90254
0.12 acres | #SB25019012
Listing OfficePalm Realty Boutique, Inc.
Browse 8 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Rare, Rare, Rare opportunity to own a Hermosa Beach Landmark Property. In the early 1900's, this location was home to The First Bank of Hermosa Beach and has seen major renovation over the years. Now, the current Citibank building is an amazing trophy property that is the first building to welcome you to the Hermosa Beach Pier Plaza. Pier Plaza is a pedestrian-friendly destination with retail shops, beach boutiques, chic stores, fine dining, casual eateries, cocktail bars and of the course the world famous Hermosa Beach Pier. It has been said that the Citibank building is the most recognizable property in Hermosa Beach with it's historical significance, timeless architecture, 124' of Hermosa Ave frontage, 74' of Pier Ave frontage, direct path crosswalks leading to it's doors and an estimated 25,000 cars passing by each day. This property is one of a kind and will not last. Don't miss your chance to own a piece of Hermosa Beach.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$14,250,000
      • MLS #SB25019012
      • MLS #SB25019012
      • Lot DescriptionCornerLot
      • Cost14250000
      • Property SubtypeMixedUse
      • Acres0.1237
      • Utility SourcePublic
      • Year Built1971
      • Stories2

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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